What distinguishes each Free Trade Zone from the next is the regional industrial agglomeration each is intended to create. While in terms of policies the new FTZs may not bring much new, the biggest opportunity for foreign investors may in fact lie in the concentration of industries, and the benefits their presence offers.
With Shanghai as the nation’s de facto financial center and Guangdong as one of the world’s major manufacturing and trading centers, both the Shanghai FTZ and Guangdong FTZ have caught the attention of foreign investors seeking to enter a more liberalized Chinese market. This article compares the two.
A Hong Kong company may do business anywhere in the world – there is no requirement for the Directors and Shareholders to be residents in Hong Kong. Learn more about how to obtain the offshore status for your Hong Kong business in this article.
China recently launched three new FTZs in Guangdong, Tianjin and Fujian. In this last part of the Free Trade Zone series, we concentrate on the Fujian FTZ, which is mainly aimed at strengthening the economic ties with Taiwan and further opening up its financial sector for foreign investors.
This article from our sister website ASEAN Briefing takes a comprehensive look at how doing business in ASEAN compares with China, this time focusing on the Singapore.
Hong Kong has recently announced that a set of new enhanced measures to its immigration policy will be implemented by the second quarter of 2015. These new measures are expected to build up “human capital” in Hong Kong by supporting the local workforce with foreign professionals.
China released the much-anticipated policy framework for the three new FTZs. In Part 1 of this article, we provide detailed information of the general plan of the Guangdong Free Trade Zone and discuss the lifted restrictions on foreign investment across a wide array of sectors such as tourism and financial industries.
While the use of robotics in China is not as widespread as in more developed countries, China is quickly picking up. With labor costs rising, replacing humans with robots is becoming an increasingly sensible proposal, especially for repetitive or precise tasks.